115 Washburn Lake Road, Reidsville, NC 27320

Reidsville
Local realty services provided by:Better Homes and Gardens Real Estate Paracle
115 Washburn Lake Road,Reidsville, NC 27320
$1,350,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: teresa s. knowles
Office: century 21 the knowles team336-342-2022
MLS#:1208995
Source:NC_TRIAD

Price summary

  • Price:$1,350,000

About this home

Investor Alert! Rare chance to own a cash-flowing mobile home park with a private fishing retreat just off Hwy 29 at Exit 149. Washburn Mobile Home Park 31 lots at $400/month, serviced by a community well and individual septic systems. Situated outside the city limits of Reidsville but within the ETJ, the park cannot be expanded without a special-use permit from the City of Reidsville. The 58.8± acre tract also includes the historic Washburn Lake property—once a popular fishing destination—featuring an 8-acre catfish lake, 2-acre carp pond, 1-acre raising pond, and bait/tackle building. There is a unique blend of steady income, recreation, and future potential for revival or improvement. Ideal for investors, outdoor enthusiasts, or visionary redevelopment. The septic lines for Lots 130 & 138 are on the adjoining property, with deeded easement access. Owners do not own any of the mobile homes. Community well and septic systems. Lot rents $400 per month beginning 4/1/26 one lot vacant....

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Home facts

  • Year built:1947
  • Listing ID #:1208995
  • Added:126 day(s) ago
  • Updated:May 30, 2026 at 04:55 AM

Structure and exterior

  • Year built:1947
  • Lot area:58.7 Acres

Schools

  • High school:Reidsville
  • Middle school:Reidsville
  • Elementary school:Monroeton

Utilities

  • Water:Public, Well
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$1,350,000
  • Tax amount:$3,341

Parking

  • Parking description:Driveway
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